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Oct 03, 2012, 10.43 PM IST
The finance minister today met the president of Ficci and Assocham to find ways to further improve corporate confidence and boost economic growth, reports CNBC-TV18.
After the meeting, RV Kanoria, President, FICCI and MD, Kanoria Chemicals & Industries, said that the meeting was encouraging. We have discussed all the issues and we think that the government is completely aware of all the issues. This government will focus on decisions aimed at growth, development and investment. Rajkumar Dhoot, President, Assocham, said that the finance minister will take all possible action to attract foreign investments in India. Rupee appreciation is an indication of the actions taken by the government. If the rupee slips to 50 vs dollar, then automatically the prices of oil and petrol will come down and will give a boost to the economy.
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